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Financial 15 Split Corp T.FTN

Alternate Symbol(s):  T.FTN.PR.A | FNNCF

Financial 15 Split Corp. is a mutual fund, which invests in a portfolio consisting of over 15 financial services companies. The Company offers two types of shares, such as Preferred Shares and Class A Shares. Its investment objectives with respect to Preferred Shares are to provide holders of Preferred Shares with cumulative preferential monthly cash dividends in an amount of over 6.75% annually and to pay the holders of the Preferred Shares approximately $10 per Preferred Share on or about the termination date. Its investment objectives with respect to Class A Shares are to provide holders of Class A Shares with regular monthly cash distributions and to permit holders to participate in all growth in the net asset value of the Company over $15 per unit, by paying holders on or about the termination date such amounts as remain in the Company after paying over $10 per Preferred Share. The Company’s investment manager is Quadravest Capital Management Inc.


TSX:FTN - Post by User

Financial 15 Split Corp
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(58)
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Comment by navgodon Nov 20, 2020 11:14am
355 Views
Post# 31940726

RE:RE:RE:RE:RE:Class A Share Consolidation

RE:RE:RE:RE:RE:Class A Share Consolidation
gribbs2 wrote:
I bought FTN over 10$ originally ,  I guess im never making my money back?

This consolidation won't change the chances of that. Assuming you've been on this board for awhile, this board was full of comments of why ftn was overvalued (mine included). Just don't understand why you held it when you had a chance to get out. GLTY
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities